Thai Political Turmoil Threatens Growth, Lifts Rate Cut Bets

With Thailand’s major political parties vying to form a new government — which may last only a few months — economists see further risks to economic growth and rising odds of steeper interest rate cuts.

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Argentina Peso Drops as US Buying Fails to Ease Devaluation Fear

A slump in Argentina’s peso accelerated Friday even after the US said it has continued …